Author

Topic: Saving Bitcoins for your Children. - page 119. (Read 24498 times)

full member
Activity: 510
Merit: 102
October 29, 2017, 07:10:45 PM
Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh
Yes that's good for the idea of savings but in terms of security in times of our lost is not admirable because we can't claim it on other party that is why while i am earning bitcoin and convert to our our currency and i will deposit it on the credited bank.
full member
Activity: 135
Merit: 100
October 29, 2017, 06:54:34 PM
Yes it is good to save money to bitcoin for long, but I am afraid for you sir to say that, it may cause also your lost once the bitcoin price goes down and crashed out, but to take all the believes, that is the good point bur let us thing some possibiliies too, both the positive and negative.
full member
Activity: 157
Merit: 100
October 29, 2017, 06:49:01 PM
Well the real question here is do you really think bitcoin will maintain its value long enough?  Huh
Of course, bitcoin prices always soar over time. then investing faster would be better in order to get a big profit.
Invest bitcoins and make property of that money which comes from that investment . Property is an asset and is worth increases with time. In this way the future of your children can be secured or you may further invest that money in some promising projects and put the profit in safe for your children.
member
Activity: 308
Merit: 10
October 29, 2017, 07:32:28 AM
i have one child and yes im planning to save bitcoin for his future i know someday the value of bitcoin in the industry will be more competitive than the regular money.
full member
Activity: 267
Merit: 100
October 29, 2017, 07:24:52 AM
If you give them bitcoins and some knowledge then that is ideal, but if you have done, or will do, lots of research then you're bound to stack some BTC in the process which is great for their future.
full member
Activity: 350
Merit: 111
October 29, 2017, 12:13:34 AM
I don't have a child for now, but I'm already married for almost 6 months. I'm planning also to save more bitcoin for the future of my family. I'm trying to invest it to make it grow so fast.
full member
Activity: 546
Merit: 100
October 28, 2017, 11:18:56 PM
Another project offers a solution to the problem of losing keys from your wallet, you can also set up a transfer of funds after a certain time
https://bitcointalksearch.org/topic/annmywish-official-tread-smart-contracts-platform-2059189
legendary
Activity: 1218
Merit: 1000
October 28, 2017, 10:01:54 PM
That is also a good idea. In the next few decades,maybe btc will grow rapidly around the world and btc prices will be several tens or even hundreds of times now. So if you save your kids some btc right now, then perhaps they do not need to worry about money later.
it's a good thing to keep bitcoin for a long time, but the question is whether we can afford that. most people only last 3-4 months in holding bitcoin before selling it. yes, hopefully we can hold bitcoin in a long time.
member
Activity: 99
Merit: 10
BITDEPOSITARY - Make ICO's , More Secure
October 28, 2017, 09:46:53 PM
Yes I think its also good, we can prepare their education cost from now.
sr. member
Activity: 396
Merit: 250
October 28, 2017, 09:44:13 PM
That is also a good idea. In the next few decades,maybe btc will grow rapidly around the world and btc prices will be several tens or even hundreds of times now. So if you save your kids some btc right now, then perhaps they do not need to worry about money later.
sr. member
Activity: 490
Merit: 250
October 28, 2017, 09:29:03 PM
That would be great to think to save money or bitcoin for your children, but honestly that is so big risk at all, to think the unstable price of bitcoin (this is not to be negative on bitcoin but to be realistic), the price in the future varies to the investors we have now and the future.
Just always pray that there will be new big investors to come for that
hero member
Activity: 1022
Merit: 503
October 28, 2017, 09:26:02 PM
This is a good thing for assuring the future of our children. We work hard right now just to give them the life that they deserve so by saving bitcoin now is like saving their future as well. So now I'm saving as many as I can, yeah sometimes I spend some of it but I make sure that I spend it to necessary things. And when things went unfavorably I make sure that I put my paper wallets where my children know where I hide it so they can still use it when they grew up.
sr. member
Activity: 1106
Merit: 252
Dextrust.org #Defi
October 28, 2017, 09:11:25 PM
I made a paper wallet for my son and I deposit a smaller amount of Bitcoins there every month. I kept it in a secret place that only me and another person knows.
thats great. I want to try for my son.
thanks guys for your opinion , Iam believe for few years Bitcoin will be to the moon again.
if Iam save bitcoin smaller amount but always to be continue , so thats balance can make register for enter school. Cheesy
sr. member
Activity: 714
Merit: 250
October 28, 2017, 08:42:20 PM
I have started saving it now. I did not saved before. I had couple of bitcoins in 2014 while it was 2004 only, I did purchased them but then I wasted them on spending useless online games and stuff like game cards. Now I am little more mature and started saving them for my future.
Bitcoin is to worth to spend for something useless.  We  better to safe bitcoin as many as we can now,  the price will keep increase. Saving another altcoin is also good but usually those coin prices are just pump and dump in certain period, so we need to be carefull with this.
sr. member
Activity: 700
Merit: 251
October 28, 2017, 07:34:58 PM
I'm still very young, so i don't have a though to have children yet, near in the future.
For me, now i'm investing bitcoin for myself. So after i graduated from college, i already had enough assets and can live my life well.
But maybe after i have a proper job and many bitcoin savings, i'll spare some for my children in the future. So they will have a nice life and doesn't need to worry about anything anymore.
full member
Activity: 218
Merit: 100
October 28, 2017, 07:31:35 PM
I have started saving it now. I did not saved before. I had couple of bitcoins in 2014 while it was 2004 only, I did purchased them but then I wasted them on spending useless online games and stuff like game cards. Now I am little more mature and started saving them for my future.
newbie
Activity: 44
Merit: 0
October 28, 2017, 07:23:24 PM
I dont have childrens, and I dont plan to have them in the near future, Im too young for that  Cheesy, but if I had, of course I would save some bitcoins for them
They'll be multimillionaires by the time they reach my age
full member
Activity: 364
Merit: 100
October 28, 2017, 05:03:32 PM
Saving bitcoins for your children wpuld be a good idea and a good example of a great parent. Saving bitcoin for your children could also help to pay all of your expenses at your home and providing all of your basic needs. It could also help you for future purposes and helps you to pay their tuitions at their schools.
sr. member
Activity: 1624
Merit: 267
October 28, 2017, 04:34:37 PM
As of now i dont have a children because Im single and Im not ready to become a dad. But if I have I think I will sure keep also bitcoin for my son or to my daughter for their better future but I will not save it all because Its better to save your money in bank so even what happen to you the bank will be process of that. Because we dont know also when bitcoin gone what if your son needs money and the price is very low in the future.
hero member
Activity: 3080
Merit: 603
October 28, 2017, 04:23:13 PM
You can do this as if it's like a last will, LOL! But while your kids are quite young, let them explore the world of cryptocurrencies, try to explain them what bitcoin really is. And let them create a wallet, teach them all the things that they have to know and don't tell them that they've got something for their future. It will be a great birthday present when your kids started to grow up and if they reached the legal age, tell them that you've got some bitcoin for them.
Jump to: